While Singles Day is usually a 24-hour affair, in 2020, Chinese e-commerce giant Alibaba gave shoppers discounts from 1 November until 11 November. Over this period, it generated $71.4 billion (£ ...

Chinese consumers collectively spent 498 billion yuan (US$74 billion) during Singles’ Day on Alibaba’s online retail platforms, according to the latest figures from the e-commerce giant ...

In this article, we discuss how brands and retailers can prepare for Singles Day - especially amidst sustainability concerns. In 2020, Alibaba announced the addition of a pre-event shopping period ...

In October 2020, it stopped directing buyers to other platforms to ... hoping to use sales channels like Douyin to increase Singles Day revenue. “This year, the split will be 70% to 75% on Tmall and ...

Unemployment inched up to 5.5% from 5.3% in August. China typically represents the lion’s share of Singles Day sales, although they were edged out by U.S. consumers in 2020. Just 24% of respondents to ...

Singles’ Day was originally observed in China as an ... Urban Outfitters has observed the holiday since 2020 with exclusive vinyl singles from some of the biggest artists. This year’s lineup ...

This celebration of Singles Day has become an annual event for Urban ... for several years before exploding during the pandemic in 2020. But it’s still on the rise: A Luminate report in July ...